PointsBet chairman Brett Paton has accused BlueBet of misleading the market by claiming it has enough funding to acquire his business in an escalation of hostility between the two bookmakers.
BlueBet, chaired by industry stalwart Matthew Tripp, announced a non-binding cash and share takeover offer in late February, hours after PointsBet said it had agreed to sell itself to Japanese entertainment giant Mixi.
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Zoe Samios covers wagering and the business of sport from the AFR's Sydney newsroom. She was previously the media and telecommunications reporter for The Sydney Morning Herald and The Age, and covered media at The Australian. Connect with Zoe on Twitter. Email Zoe at zoe.samios@afr.com